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Lead - Asset Management (Oil & Gas, Manufacturing Industry) @ Petroexcel Technology

Home > Trading, Asset & Wealth Management

 Lead - Asset Management (Oil & Gas, Manufacturing Industry)

Job Description

Role & responsibilities

Manage (plan, direct, coordinate) Fixed Assets Accounting , Verification and Controls. Prepare / Review Fixed Assets Accounting guidelines & Train Accounts Executives Participate in Budget Preparation and monitoring of Budget Vs Actual Spend Provide Guidance on Capitalization of Assets. Follow up and convert CWIP to Assets. Review and Maintain Fixed Asset Register Ensuring all Assets are Tagged as per Company Policy Ensure Depreciation is posted as per Company Guidelines Ensure Regular Physical Verification of Assets Improv Process efficiencies and support to reduce costs. Monitoring and highlight internal control matters related to Fixed Assets Should be able to lead a team of Accountants to deliver on above responsibilities. Should be able to closely work with the Head of specified vertical in the Group Knowledge of General Accounting Principles & Knowledge of Industry specific Accounting Standards Knowledge of latest Trends in Assets Tagging, Specific developments in Asset Accounting SOP Development & Execution Proficiency in accounting Software, Internal Controls, Accounting Policies Budgeting , Forecasting


Preferred candidate profile

Must have experience in leading Team of 5 to 10 Accountants. Should be conversant with IFRS accounting Standards. Experience in preparing Accounting Processes and Procedures focused on Fixed Assets Experience in effective use and process improvements in ERP (EPICOR/SAP/Other prominent ERPs) Industry Specific experience - Oil & Gas, Manufacturing Industry *


Perks and benefits

  • Fully furnished accommodation along with maid, laundry and security services with a Single status (i.e. Only employee can stay here/Bachelor)
  • Free Indian Food (Breakfast, Lunch, Dinner) prepared by professional chefs (Indians)
  • Local transportation is provided by the company without any charge.
  • For local personal expenses the company provides Naira65,000 per month over and above the salary. (This is same across the level / designation / role)
  • Company provides Medical Insurance of 3 lacs for self and family (Spouse, Two Children (Age not more than 23 yrs.) for treatment at India.
  • Laptop, Mobile Handset, Sim and monthly re-charge (as per grade) and other Facility

Working Terms:

  • Time-off Rotation will be 6 Month working and 21 Days off if posted in Lagos, 6 months ON 30 days OFF, if posted in Plant/Site. & subsequently followed by every 6 months once (with International & Domestic air ticket provided by the company)
  • Workdays & Hours Six and half days work
  • First salary will be released after 60 Days followed by the salary cycle (Ex: If you join in July, you will get first month salary in September then after that every month you will get regularly)

Job Classification

Industry: Oil & Gas
Functional Area / Department: BFSI, Investments & Trading
Role Category: Trading, Asset & Wealth Management
Role: Asset Manager
Employement Type: Full time

Contact Details:

Company: Petroexcel Technology
Location(s): Nigeria

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Keyskills:   Asset Management Fixed Asset Management IFRS Internal Control Budget Preparation Capital Budgeting Forecasting Fixed Asset Register Fixed Assets cwip Asset Accounting Capital Expenditure Budgeting Fixed Asset Accounting

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Petroexcel Technology

We are part of a large Oil & Gas producing company based in Sterling Oil Exploration & Energy Production Co. Limited, Nigeriahttps://www.linkedin.com/company/edwards-oil-and-gas-incorporated/?originalSubdomain=inCompany Overview We are a multi-billion-dollar ...